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Getting
out of the contracting business can be harder than starting one.
This commentator was enthused about the roll-up phenomenon when it arose in the
mid-90s. I thought it would lead to an industry of more professionally managed
companies able to bolster industry fortunes by providing greater employment and
training opportunities for pipe trades workers and managers. It also provided a
vibrant market for successful contractors wanting to sell their businesses.
Instead, the roll-ups turned out to be mostly a tale of Wall Street hustlers
making a quick buck and leaving behind once promising organizations in
shambles.
